Lanco Infratech CFO Suresh Kumar quits

NEW DELHI: In a significant change at its top management level, diversified group Lanco Infratech said its Chief Financial Officer J Suresh Kumar will leave the company next month.

Suresh Kumar, who has been with the group for over five years, was responsible for Financial Control and Investor Relations.

A prominent face of the company, Suresh Kumar would continue in his present role till December 15. His resignation has been accepted, the company said in a regulatory filing.

He could not be contacted for comments. Lanco said T Adi Babu would be the new Financial Controller, while Philip Chacko would head Investor Relations. Both of them would report to the company's Managing Director G Venkatesh Babu.

"He (Suresh Kumar) has contributed immensely during the previous five years and the company places on record its appreciation and wishes him the best in his new endeavour," the filing said.